
While political uprisings all over the world are making headlines, another
less visible revolution is also underway. This upheaval crosses national
boarders and comes at the intersection of payments and e-commerce. The old
regime was typified by a relatively small number of large merchants processing
large numbers of in-country transactions. The "insurgency" is being driven by an
increasingly large number of small merchants located all over the world. And the
volume is increasing at a startling rate. Unfortunately, legacy payment
infrastructures are not capable of efficiently managing the global aspects of
these changing economies. With the help of Yuval Tal and his company, Payoneer,
this is quickly changing.